MINKABU THE INFONOID Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	10,160	10,548	9,920	6,836	5,482	4,158
Revenue Growth (YoY)	-2.61%	6.33%	45.11%	24.70%	31.84%	49.03%
Cost of Revenue	6,874	7,662	5,715	4,204	2,908	2,194
Gross Profit	3,286	2,886	4,205	2,632	2,574	1,964
Selling, General & Admin	3,816	4,798	4,904	2,520	1,699	1,205
Operating Expenses	3,815	4,796	4,903	2,519	1,699	1,205
Operating Income	-529	-1,910	-698	113	875	759
Interest Expense	-115	-89	-62	-25	-11	-13
Interest & Investment Income	5	5	5	6	1	-
Currency Exchange Gain (Loss)	-	-	-2	-	-	-
Other Non Operating Income (Expenses)	-21	1	-33	-304	-37	-13
EBT Excluding Unusual Items	-660	-1,993	-790	-210	828	733
Gain (Loss) on Sale of Investments	177	9	-151	1,721	1	43
Gain (Loss) on Sale of Assets	-5	-5	-	10	-	-
Asset Writedown	-2,146	-2,148	-246	-250	-	-11
Other Unusual Items	-1,164	-1,165	-1	-27	-	-26
Pretax Income	-3,798	-5,302	-1,188	1,244	829	739
Income Tax Expense	474	226	68	506	105	133
Earnings From Continuing Operations	-4,272	-5,528	-1,256	738	724	606
Minority Interest in Earnings	2	3	76	-12	-28	-42
Net Income	-4,270	-5,525	-1,180	726	696	564
Net Income to Common	-4,270	-5,525	-1,180	726	696	564
Net Income Growth	-	-	-	4.31%	23.40%	26.17%
Shares Outstanding (Basic)	15	15	15	15	15	14
Shares Outstanding (Diluted)	15	15	15	15	15	14
Shares Change (YoY)	1.10%	0.03%	-1.23%	1.11%	6.61%	3.15%
EPS (Basic)	-281.88	-368.73	-78.78	48.57	47.26	40.94
EPS (Diluted)	-281.88	-368.73	-78.78	47.90	46.40	40.12
EPS Growth	-	-	-	3.23%	15.65%	22.24%
Free Cash Flow	-	-767	-391	709	1,225	888
Free Cash Flow Per Share	-	-51.19	-26.10	46.75	81.67	63.12
Dividend Per Share	-	-	26.000	26.000	24.000	18.000
Dividend Growth	-	-	-	8.33%	33.33%	-
Gross Margin	32.34%	27.36%	42.39%	38.50%	46.95%	47.23%
Operating Margin	-5.21%	-18.11%	-7.04%	1.65%	15.96%	18.25%
Profit Margin	-42.03%	-52.38%	-11.89%	10.62%	12.70%	13.56%
Free Cash Flow Margin	-	-7.27%	-3.94%	10.37%	22.35%	21.36%
EBITDA	673.5	-712	494	1,020	1,539	1,278
EBITDA Margin	6.63%	-6.75%	4.98%	14.92%	28.07%	30.74%
D&A For EBITDA	1,203	1,198	1,192	907	664	519
EBIT	-529	-1,910	-698	113	875	759
EBIT Margin	-5.21%	-18.11%	-7.04%	1.65%	15.96%	18.25%
Effective Tax Rate	-	-	-	40.67%	12.67%	18.00%
Advertising Expenses	-	597	883	419	389	121

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.